About this home

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

Facts and features

Schools

• Dolores Huerta Middle

  middle · 6-8 · 0.4 mi

  5

• Burroughs High School

  high · 9-12 · 0.7 mi

  9

• William McKinley Elementary School

  elementary · K-5 · 0.8 mi

  8

• Saint Finbar School

  elementary · K-8 · 0.3 mi

• Lycée International de Los Angeles - Burbank campus

  middle · 6-12 · 0.5 mi

• Providence High School

  high · 9-12 · 0.5 mi

Price history

• Jul 28, 2026 · Listed$7,850,000
• Jun 26, 1984 · Sold$110,000
• Nov 4, 1982 · Sold$37,000

Tax history

• 2025$36,441 tax · $3,118,197 assessed
• 2024$35,218 tax · $3,057,057 assessed
• 2023$34,861 tax · $2,938,350 assessed
• 2022$33,338 tax · $2,880,737 assessed
• 2021$33,113 tax · $2,824,252 assessed
• 2020$32,753 tax · $2,795,294 assessed
• 2019$31,817 tax · $2,740,486 assessed
• 2018$31,417 tax · $2,686,751 assessed

Home value

$9,331,529

• Quantarium$9,331,529

Where it is